Portolan Select Fund, LP
Portolan Select Fund, LP is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 21, 2026, the fund has sold $137,960,045 of interests to 42 investors since its first sale in Jan 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Betsy Flaherty; Christopher Nardone; Portolan Investments, LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Portolan Capital Management, LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +32.6% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q3 2024 to Q2 2026, the estimate is +79.6% (S&P 500: +37.2%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $137,960,045Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Jan 1, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Betsy Flaherty; Christopher Nardone; Portolan Investments, LLC
- Latest Form D
- Jan 21, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Portolan Select Fund, LP
What is the minimum investment for Portolan Select Fund, LP?
Portolan Select Fund, LP's latest Form D, filed Jan 21, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Portolan Select Fund, LP?
Portolan Select Fund, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Portolan Select Fund, LP raised?
Portolan Select Fund, LP reports $137,960,045 sold from 42 investors on its Form D filed Jan 21, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Portolan Select Fund, LP based?
Portolan Select Fund, LP is based in Boston, Massachusetts and is managed by Portolan Capital Management, LLC.
When did Portolan Select Fund, LP launch?
Portolan Select Fund, LP reports its first sale in Jan 2020.
Size compared with every hedge fund
Raised more than 52% of the 474 hedge funds based in Massachusetts, and more than 63% of all 10,307 that report sales.